Breach by Owner. If Owner (A) fails to timely pay any sum owed to Manager which remains unpaid for more than ten (10) days after notice from Manager or (B) commits a material violation or breach of any other obligation of Owner under this Agreement which remains uncured for more than thirty (30) days after notice from Manager (plus, in the case of breaches which cannot reasonably be cured within thirty (30) days, such additional time as is reasonably required to cure such breach not to exceed ninety (90) days), then Manager may, in addition to its other remedies at law or in equity, terminate this Agreement by written notice to Owner.
Appears in 8 contracts
Samples: Management and Leasing Agreement (Hines Global Reit Ii, Inc.), Management and Leasing Agreement (Hines Global Reit Ii, Inc.), Management and Leasing Agreement (Hines Global REIT, Inc.)
Breach by Owner. If Owner (Ai) fails to timely pay any sum owed to Manager which remains unpaid for more than ten (10) days after notice from Manager or (Bii) commits a material violation or breach of any other obligation of Owner under this Agreement which remains uncured for more than thirty (30) days after notice from Manager (plus, in the case of breaches which cannot reasonably be cured within thirty (30) days, such additional time as is reasonably required to cure such breach not to exceed ninety (90) days), then Manager may, in addition to its other remedies at law or in equity, terminate this Agreement by written notice to Owner.
Appears in 1 contract
Samples: Management and Leasing Agreement (Hines Real Estate Investment Trust Inc)
